Economy

The ‘buy or rent’ debate still burning in Cyprus

The “should I buy or rent?” debate isn’t new- but each year it weighs more heavily on Cypriot households. Rising property prices, steady rent...

Mini Labubus send Pop Mart sales soaring worldwide

Pop Mart, the Chinese maker of the hugely popular Labubu dolls, says its sales have surged following the launch of mini Labubus in August. Sales...

Barclays lifts outlook and launches $670m buyback after strong income

Barclays has announced a surprise £500 million ($670 million / €575 million) share buyback and upgraded its financial outlook for 2025, as stronger-than-expected income and...

Refugee committee calls for freeze on home foreclosures

The House Refugee Committee has called on credit-acquiring companies to freeze all foreclosures on procedures involving main residences in refugee housing estates, until parliamentary...

Audit Office: ‘Black funds’, lost revenue and untaxed performers

An Audit Office report has revealed serious weaknesses in the tax supervision of entertainment venues in Larnaca’s Mackenzie Beach area, highlighting a web of...